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Major news items in leading German newspapers

Xinhua, May 16, 2017 Adjust font size:

The following are major news items in leading German newspapers on Tuesday.

Die Welt

The offer of cheap flight tickets is bigger than ever -- and the customers can look forward to ever decreasing ticket prices. "The stretch network of low-cost carriers reached a new peak with 518 different routes in a winter half year," says Peter Berster of German Aerospace Centre (DLR) in Cologne.

Sueddeutsche Zeitung

Richard Lutz of German Railway (Deutsche Bahn AG) wants to replace the classic ticket with mobile phone tickets. But, 11 million people in Germany have no mobile phone and no Internet connection. Ninety-nine percent are 65 years and older. The advance of Deutsche Bahn shows how hysterical and also one-sided in Germany digitization is sometimes thought.

Bild Zeitung

On Tuesday, the price of the Euro rose to 1.10 U.S. dollar slight higher than on the previous evening. The European Central Bank (ECB) had set the reference rate last Monday at 1.0772 U.S. dollar. Since Friday, the euro has gained by about 1.3 percent in value.

Frankfurter Allgemeine Zeitung

According to a study, German companies fear less trade and exchange rate fluctuations due to the Brexit. Also, a good fifth of a total of 250 surveyed German companies assume that consumer confidence in Germany will be diminished by the Brexit, announced the study by Deloitte, an audit and consulting company on Tuesday. Endit